An increase the expected future price of a good
A) increases its demand.
B) decreases its demand.
C) increases its supply.
D) has no effect on either its demand or its supply.
A
Economics
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A sub-discipline of economics that looks at the economy as a whole is:
a. macroeconomics. b. microeconomics. c. positive economics. d. normative economics. e. impossible to model.
Economics
Marginal cost
A) cuts average variable cost and average fixed cost at their lowest point. B) cuts average variable cost and average total cost at their lowest point. C) rises and then falls. D) is the mirror image of marginal product.
Economics